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Facts and Figures Timely points of particular interest

Fast Track Settlements—The IRS has announced that it is expanding its “fast track settlement plan” for small-business owners and self-employed individuals. This initiative is designed to expedite case resolution. Initially, it was being tried out in Chicago, Houston and St. Paul, MN. Now five more areas have been added: Philadelphia; central New Jersey; San Diego; Laguna Niguel, CA; and Riverside, CA. The IRS says it will evaluate the benefits of the plan later this year.

Accentuating the Positive—It may seem counter-intuitive, but some business experts advise you to concentrate on the strengths of your employees rather than their weaknesses. This philosophy is based on the principle that you can increase productivity by challenging your best people to do more. Conversely, dwelling on the negative may result in decreased productivity. Since your time is valuable, focus your main efforts on boosting spirits instead of dampening them.

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